Welcome to our dedicated page for Benton Resources news (Ticker: BNTRF), a resource for investors and traders seeking the latest updates and insights on Benton Resources stock.
Benton Resources Inc. reports mineral exploration developments across a diversified property portfolio, with recurring updates on copper, gold, platinum, palladium, lithium and natural hydrogen prospects. Company news frequently centers on Newfoundland exploration, including the Great Burnt property, the South Pond gold-copper deposit and the Great Burnt copper deposit, as well as drilling results, geophysical targets, metallurgical testing and joint-venture interests.
Benton updates also cover newly staked project areas, technical oversight under Canadian mining disclosure standards, equity interests in other mining companies, retained net smelter return royalties, conference participation, advisor appointments and other governance or capital-structure matters tied to its exploration business.
Benton Resources (OTC:BNTRF) announced on October 16, 2025 that it acquired a 100% interest in the Stoney Caldera Project (SCP), consisting of nine mineral licences totaling 611 claim units along the Great Copper-Gold Corridor in Newfoundland.
Initial grab and outcrop samples returned up to 6.41 g/t Au, 0.42% Cu, 2.1 ppm Ag and a separate outcrop interval up to 2.74% Cu and 0.087% Co. Several high-grade zones are untested by drilling.
The SCP complements Benton's Great Burnt, Dominion and Victoria West projects, which include reported wide copper intercepts over 950 m strike and gold over 2.7 km. Further assay results, mapping and permitting for trenching are pending.
Benton Resources (TSXV:BNTRF) agreed to acquire 100% of Noble Mineral Exploration's Island Pond Property for $30,000 CAD cash plus 1,000,000 common shares, subject to TSXV approval. The property lies directly north of Benton's South Pond Gold Zone and could add >1000 m to the current 2.7 km mineralized trend.
Benton will assume an underlying 2% NSR (buyback option $1.5M) and Noble retains a 1% NSR with a ROFR. Benton plans immediate prospecting and geophysics. To date Benton drilled 23,300 m at Great Burnt and South Pond with multiple gold intercepts up to 74.20 m of 1.43 g/t Au.
Benton (BNTRF) reports Clean Air Metals' new PEA for the Thunder Bay North project with a pre-tax NPV8 of C$219.4M and pre-tax IRR of 39% against a project capital cost of C$89.5M. After-tax NPV is C$157.5M and after-tax IRR is 32%. At spot prices the pre-tax NPV8 rises to C$316M with a pre-tax IRR of 52%.
The study designs a low-cost operation using temporary infrastructure and toll milling, with a 2.5-year capital payback and projected 45% operating margin. Updated resources: 14.9M t indicated @ 2.66 g/t 2PGE, 0.40% Cu, 0.24% Ni; plus 2.49M t inferred @ 1.62 g/t 2PGE. Benton holds 24.6M shares (9.8%) of Clean Air Metals and a 0.5% NSR on specified deposits.
Benton (OTC:BNTRF) reported new high-grade surface and bedrock gold assays at Great Burnt, including 31.35 g/t Au, plus 4.57, 2.56 and 1.19 g/t from nearby sampling. Drilling and surface sampling now define a minimum strike length >280 m for the new zone, which remains open to the north. The company is planning immediate follow-up prospecting, soil sampling, trenching and further drilling; drill core is being logged and will be sent to Eastern Analytical for assays.
Financing: Benton filed for final TSXV approval to close a $1,980,011 private placement (Units at $0.055), issuing 2,627,272 Units in the second tranche toward a total 36,000,182 Units, with 5-year warrants at $0.10. Proceeds will fund Newfoundland projects and working capital; securities are subject to a four-month hold.
Benton Resources (TSXV: BEX) has resumed drilling operations at its Great Burnt Project, with four holes completed and a fifth underway. The company has completed 23,300 meters of drilling from late 2023 to present at Great Burnt and South Pond zones, yielding significant results.
At the Great Burnt zone, drilling revealed impressive copper grades, including intercepts of 13.00m at 8.31% Cu, 26.87m at 7.18% Cu, and 12.30m at 7.20% Cu. The South Pond Gold Zone demonstrated notable gold mineralization with highlights including 74.20m at 1.43 g/t Au and 43.75m at 1.62 g/t Au.
Core samples from the new holes are being processed and will be analyzed at Eastern Analytical for gold and ICP base metal assays, with results pending.
Benton Resources (TSXV: BEX) has secured conditional approval for a $2.4 million private placement financing and successfully closed its first tranche. The company raised $1,835,510 through the issuance of 33,372,910 units at $0.055 per unit.
Each unit comprises one common share and one warrant, with warrants exercisable at $0.10 per share for 5 years. The proceeds will be allocated to advance Benton's Newfoundland projects and general working capital. All securities issued are subject to a four-month hold period and final TSX Venture Exchange approval.
Benton Resources (TSXV: BEX) has announced an increase in its non-brokered private placement to raise up to $2.4 million, up from its previous announcement on September 17, 2025. The company will issue up to 43,636,364 units at $0.055 per unit.
Each unit includes one common share and one warrant, with each warrant allowing the purchase of an additional common share at $0.10 for 5 years. The proceeds will fund Benton's Newfoundland projects and working capital needs. The financing requires TSX Venture Exchange approval, and securities will have a four-month hold period.
Benton Resources (TSXV: BEX) has arranged a non-brokered private placement to raise up to $1.7 million through the issuance of up to 30,909,091 units at $0.055 per unit. Each unit includes one common share and one warrant, with warrants exercisable at $0.10 for 5 years.
The company plans to use the proceeds to advance its Newfoundland projects and for working capital. Notably, Benton intends to resume drilling this week to expand both South Pond and the Great Burnt Deposit, targeting multiple high-priority locations identified in their September 9, 2025 release.
Benton Resources (TSXV: BEX) has announced significant expansion of its Great Burnt project, identifying a new high-priority drill target 10 km south of the Great Burnt Copper Deposit. The company has extended its gold-bearing horizon at South Pond from 2.4 km to 2.7 km through recent surface sampling.
The newly identified SGB Target Area features a 500m-long conductor with anomalous copper and gold in soils. The company plans to initiate trenching followed by a 2-3 hole diamond drill program. Benton has completed 5,080m of a planned 15,000m property-wide drill program, with impressive results including intersections of up to 13.00m of 8.31% Cu and 74.20m of 1.43g/t Au.
The company has also collected over 2,000 soil samples south of the Great Burnt deposit for multi-element analysis, demonstrating continued exploration momentum.
Benton Resources (TSXV: BEX) has expanded its Dominion Lake Project through strategic land acquisition, staking 3 new licenses totaling 61 claim units. A significant discovery includes historical drill hole results showing 1.02% copper, 1.83% zinc, and 10.5 g/t silver at shallow depths. The company has identified multiple promising zones including:
The New Zone with 10.8 g/t gold, the Rickirb Gold Zone with samples up to 6.41 g/t gold, and the Trinity Base Metal Zone yielding up to 14.6% zinc, 1.31% lead, 2.53% copper, and 68.7 g/t silver. Benton has secured permits for trenching work and plans to conduct drilling later in the season.